F-Indicator and Daily setups

abalgorithm.com todays post detailing the fundamental strength for EUR, GBP,JPY, CAD,AUD.

EUR and JPY economies F-meter is showing strength over the last 3 months thus reflective in the EUR and JPY strength.

http://abalgorithm.com/2018/01/10/fundamental-meter-strength-for-eurgbpcadaudnzdjpy/

We will also post setups as and when researched by our team

As laid out in the post, about the bullish reversal in EUR and the bearish reversal in NZD, EURNZD has screamed higher to 1.6660.

More to come.

The JPY F indictor for 365 days.




JPY F indicator has been trending higher explaining the JPY strength seen against all majors.

Please register to get updates on F indicator and daily charts.
http://abalgorithm.com/login-and-register/

EURNZD trade.

http://abalgorithm.com/2018/01/10/eurnzd-h1-charts/

Explaination

The trade is in the money on the live account.

Without entering into too much details, how your indicator is computed ? On which time frame ? And how do you use a strength indicator of one country to trade one country vs another ?

Its not very difficult to calculate and no secret behind it either.

Every time a data is released, indicator checks if its higher or lower than previous. Gives a score for the difference. Then it checks if beat or below the forecast if it exists. Then data importance is calculated and a final score is calculated. This score is cumulated over time. We have data since 2008 on EUR,AUD,CAD,NZD,USD,JPY,CHF ....

The indicator is not directly used to find short term trading. But we use it to know if we are entering a trade in the direction of fundamental strength or weakness.

For example over the last 6 months, USD data has weaker and weaker. This has reflected in USD trend in price action as well. At same time over the last one year, EUR data has been beating forecast and earlier data thus the F score is very powerful and growing over time. So EURUSD has been great long trade over the last one year.

A trader needs to find his own ways to trade F indicator. Some may want to trade it counter because their reasoning could be the price action is pricing in data already which is something I dont agree on the long term chart.

F indicator will not help you to trade 50 pip trades on a day trading basis but it gives context and underlying trend.

We will be launching a live trade room for our clients.

If any interest in joining our 'live trade room", please register here and we will keep you informed.

http://abalgorithm.com/login-and-register/

This thread is not for trade copier at our site.

Membership is divided into three sections:
Free: Get all updates and data releases. Data is analysed and past trend clearly are charted to show where prices could go
Pro: This will have access to all premium post daily along with data analysis. Lots of setups through the day. Markets all the time through out bullish and bearish signals which we track and we alert our clients on potential chance. This also gives access to LIVE TRADE ROOM where our traders can directly chat with clients. This will be a huge plus for newbie traders on how to trade and manage risk.
Trade Copier membership: This is for advance clients with capital to trade in a MT4. Our trading team using the machine learning trading system, trades signals on your MT4. Returns and risk are well managed. Max DD 25%. Performance over since Dec has been 40%. Clients get the chance to increase or decrease exposure to signals. This is not for everyone. Later we will have a separate thread for trade copier. All trade copier clients have access to trade room as well. Risk is managed at portfolio level by closing trades at DD of 2% and then 5%. Raraely do we go near 20% on DD. System is robust and because machine learning based, will continiously keep learning new patterns. Already trained since 2012. One of kind and probably only trade copier running on AI. Membership is emailing to [email protected]

Thanks for your reply. So the main information that you use is if some economic number is higher or below its previous value. How many economic numbers do you use? Did you rank them somehow?

You are talking about F-Indicator ?
- Yes we have taken the impact of these currencies from data provider. So manaufacturing PMI survey will be high impact for EUR and NFP will be having more weight for USD. All the data provided by the provider is used directly. In fact it is also available here at forexfactory calendar. It is same data and we use the difference and then use weights based on importance. Then the historical is charted to see where is the economy going. "VERY RISKY FOR SHORT TERM TRADING" but we have clients who need fundamental reports about health of economy etc. Generally speaking USD and EUR follow the strength of their economies.

EUR Italian Retail Sales m/m:1.1% vs prev -1.0%

http://abalgorithm.com/2018/01/11/news-132/

Premium post :

http://abalgorithm.com/2018/01/12/nzd-and-dairy-prices-eurnzd-stays-favorite/


EURNZD H4 bullish divergence,

This is from the premium post....

The EUR fundamental over the last 30 days has been stable with no deterioration in economic activity.
The USD fundamentals have at best been mixed with no clear improvement. We believe if this continues, the rate hike expectation baked into prices will have to be revised. This chart shows that the economy strength is at best neutral.


Charts above on EUR and USD fundamentals attached inside post.

http://abalgorithm.com/2018/01/12/nzd-and-dairy-prices-eurnzd-stays-favorite/

Latest analysis.

Great opportunities: EURJPY, EURUSD and GOLD.



http://abalgorithm.com/2018/01/13/weekly-premium-setup-eur-trends-with-gold-trend-commencement/

Trendline respected in EURJPY daily.




EURJPY is a pair on which we continue to be long. Deepnet algo is suggesting more upside.

You can monitor the stops and targets at the site.

Bullish divergence being observed in USDJPY ON THE H4.

That explains the EURJPY trade because EUR F- Indicator is stronger than USD F indicator. Therefore long EURJPY.

EURJPY H4 has been well explained in the post over the weekend.

http://abalgorithm.com/2018/01/13/weekly-premium-setup-eur-trends-with-gold-trend-commencement/

More good EUR data.

http://abalgorithm.com/2018/01/15/news-155/

More bad NZD data .

http://abalgorithm.com/2018/01/15/news-156/

Business confidence is plummeting.

Great opportunity setting up. Obviosuly the best trade will not be NZDUSD

Live trade roomconversations.

EURNZD is one of the best trades out there. There are two reasons for it:
3:07
1. NZD fundamentals look dreadful as can be viewed with F Indicator. However prices have gone against fundamentals. Prices ultimately will reflect the poor economy. So expect NZDUSD to fall and hence help EURNZD higher as well
3:07
2. EUR fundamentals have been trending higher for last 12 months. ECB has given clear indications of removing the stimulus. This means EUR will trend higher.
3:07
Therefore the trade EURNZD is a great long.
3:07
We had been long since 1.6675
3:12
https://www.tradingview.com/x/o42Rv1qh/ (139 kB)
3:12
NZDUSD breaking down the 1 H band. this is bearish.